LiveMore has completed its second social bond securitisation, raising £215m to provide flexible mortgages for homeowners aged 50 to 90 plus.
The lender said the deal will help people often overlooked by traditional mortgage providers and allow investors to back environmental, social and governance (ESG) focused investments.
Its social bond framework lets capital markets fund loans to support financial inclusion and access to homeownership for those excluded by mainstream lenders.
Simon Webb, managing director of finance and capital markets at LiveMore, said: “Social impact isn’t an add-on – it’s our starting point.
“We’re proud to offer one of the UK’s very few social bond RMBS transactions, showing that our purpose, responsible lending and responsible investing can go hand in hand.”
